Member access

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

Bank Zachodni WBK SA : Change of arrangements between Banco Santander S.A. and KBC Bank NV regarding the merger of Bank Zachodni WBK S.A. and Kredyt Bank S.A.

12/17/2012 | 08:55am US/Eastern
Recommend:
0

17 December, 2012

Change of arrangements between Banco Santander S.A. and KBC Bank NV regarding the merger of Bank Zachodni WBK S.A. and Kredyt Bank S.A.


With reference to the current report no. 2/2012 dd. 28 February 2012, Bank Zachodni WBK S.A. ("the Bank") announce that on 17 December 2012 it learned from Banco Santander S.A., its majority shareholder, about the change of arrangements made with KBC Bank NV regarding the merger between the Bank and Kredyt Bank S.A. According to such information, Banco Santander S.A. and KBC Bank NV have agreed to withdraw the commitment from Banco Santander, S.A. to purchase from KBC Bank NV a 5% stake in the merged Bank, as mentioned in the communication by KBC Bank NV on 4 December 2012.


Legal basis:
art. 56 (1) of the Act of 1 July on Initial Public Offerings, Conditions for Admitting Financial Instruments to Organised Trading and on Public Companies

distributed by
Recommend :
0
React to this article
Latest news
Date Title
<1m ago TOKYO ELECTRIC POWER : Situation of storing and treatment of accumulated water including highly concentrated radioactive materials at Fukushima Daiichi Nuclear Power Station (147th Release)
<1m ago AGILE PROPERTY : Circular - request for change form
<1m ago AGILE PROPERTY : Proxy form - form of proxy for the extraordinary general meeting to be held on 13 june 2014 and any adjournment thereof
<1m ago AGILE PROPERTY : Announcement - notice of extraordinary general meeting
<1m ago WANG ON : Positive profit alert
<1m ago ESUN : Voluntary announcement
<1m ago K& : Form of Proxy for Use at the Annual General Meeting to be held on 30 May 2014
<1m ago NEW WORLD CHINA LAND : Announcement pursuant to Rule 3.8 of the Code on Takeovers and Mergers in respect of the proposed privatization of New World China Land Limited by the Offeror by way of a scheme of arrangement – update of number of relevant securities
<1m ago VEIDEKKE ASA : to build Gladengen Park with 56 homes in Oslo
<1m ago FRASERS CENTREPOINT : Payment of Management Fees by Way of Units in Frasers Centrepoint Trust
Latest news
Advertisement
Hot News 
SERVICEPOWER TECHNOLOGIES : Forms Strategic Relationship with Bosch
TRANS SIBERIAN GOLD : Asacha mining and production update
TRISTEL : 24/04/14 UHCW RNS Reach
THEOLIA VR : 2013 annual results
CREE : Patent Application Titled "Light Emitting Devices for Light Emitting Diodes (Leds)" Published Online
Most Read News
2h ago Juicy Apple buoys shares, euro volatility sinks
4h ago BLUNT BAYERN GIVEN A REAL MASTERCLASS ; CHAMPIONS LEAGUE Semi-final first leg
1d ago BUFFETT : moving oil by rail safely major industry concern
1d ago ACTIVISION BLIZZARD : Newest Skylanders® Game - Skylanders Trap TeamTM - Takes Toys-to-Life Phenomenon to New Levels by Bringing Digital Characters into the Physical World
1d ago WAL MART STORES : -Mart says former CEO Scott to retire from board
Most recommended articles
2h ago Juicy Apple buoys shares, euro volatility sinks
1h ago FTSE hits six-week high, miners lead
2d ago Barclays joins retreat from commodities as new rules bite
7d ago BLACKSTONE : earnings rise 30 percent, boosted by private equity gains
5m ago TIME WARNER CABLE : profit rises 19.5 percent
Dynamic quotes  
ON
| OFF